Our Home Purchase Criteria make investing with us safe and secure

At Wade’s Exalted homes we focus on properties that most investors will not touch. We take on the homes that scare the others away. We do our due diligence to ensure that our costs are accurate and that all things are considered before we ever put an offer on a home. We work with local contractors to ensure the highest quality work in the most efficient time.

We are looking for some specifics when we invest:

– The home has to be able to bring a profit of at least $20,000 at the end of the renovation

– Non-rural homes only

– Proximity to desirable amenities

– Possibility of purchasing multiple homes in a single area (increases each home’s value)

We stay conservative on all numbers. Below is an example of our cost analysis:

(1) Home must meet the criteria above

(2) Any counter offers must maintain the $20K profit margin

This is a 3 bedroom 2 bathroom 1500 sqft home. Asking price: $75,000

Financial Breakdown

According to our research and data collected, we can afford to offer $46,600.00 to make a profit of $20,000.00. This is based on an after repair value (ARV) of $100,000.00, a rehab budget of $24,000.00, and holding costs of $1,800.00.